Stifel Maintains Buy on Knight-Swift, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has reaffirmed a Buy rating on Knight-Swift (NYSE:KNX) and increased the price target from $54 to $64.
January 10, 2024 | 3:41 pm
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POSITIVE IMPACT
Stifel analyst J. Bruce Chan maintains a Buy rating on Knight-Swift and raises the price target from $54 to $64, indicating a positive outlook on the stock.
The increase in price target by Stifel suggests a strong conviction in the future performance of Knight-Swift. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price as market sentiment aligns with the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100